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Business

Equity market opens in negative trend, sheds N28bn

Trading activities on the floor of Nigerian Stock Exchange (NSE) yesterday opened week in negative trend, dropping by N28 billion, Specifically, Market Capitalisation of listed equities declined by 0.24 per

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We’ll protect infant industries, encourage investments — FG

…By Benjamin Orisemeke The Minister of Finance, Mrs. Zainab Ahmed says Nigeria will continue to deploy fiscal policies that protect emerging industries. This is just as she insisted that the

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Nigerian economy looking good, we’ll make it better – Buhari

By Ahmed Idris President Muhammadu Buhari said Thursday in Abuja present administration would continue to implement policies that would make Nigeria’s economy, which is already looking good, better. Speaking at

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Nigerian govt approves national leather policy, targets $900m income

By Ahmed Idris The Federal Executive Council (FEC) on Wednesday approved the National Leather and Leather Product Policy aimed at locally harnessing leather resources into finished products. The Minister of

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Forex: Inter-bank market gets another $210m boost

By Nasir Kura Authorised dealers in the wholesale segment of the inter-bank foreign exchange market received the sum of $100million as intervention from the Central Bank of Nigeria (CBN) on

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Why we focus on quality infrastructure – Buhari

By Ahmed Idris President Muhammadu Buhari on Friday in Abuja reaffirmed that the present administration would sustain the delivery of quality infrastructure across the country for investments and businesses to

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Nigerian govt approves N12bn Zobe regional water supply

By Ahmed Idris The Federal Executive Council (FEC) on Wednesday approved N12.15 billion revised contract for the construction of Zobe Regional Water Supply Scheme in Katsina state. This was disclosed

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Poor state of economy: FG to limit number of children per mother

By Stanley Sunday The Federal Government has announced plans to come out with a policy that would limit the number of children that a mother could have in Nigeria. It

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Nigerian govt inaugurates committee for impact, readiness assessment of African Continental Free Trade Area

By Ahmed Idris President Muhammadu Buhari on Monday inaugurated the Presidential Committee for Impact and Readiness Assessment of the African Continental Free Trade Area (AFCTA) at the event at the

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Alleged corruption allegations: Oracle Magazine withdraws suits against Aiteo Group

…Commends Benedict Peter’s patriotism The management of National Oracle Magazine said it has withdrawn suits filled against a foremost indigenous crude oil exploration company, the Aiteo group, compelling some government

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